Welcome to the inaugural episode of The Startup Defense podcast with host Callye Keen and guest Chad Green, an engineer working to make our roads, hospitals, and schools safer through innovation.

Chad Green
As President and Founder of Lantern, LLC, Chad Green has demonstrated a lifelong commitment to life-saving technology.

Chad founded Lantern in December of 2017. Lantern is dedicated to developing life-saving and life-supporting technologies spanning medical devices, industrial safety, and advanced AI analytics. As president, Chad has grown Lantern from a basement startup to a successful R&D firm with several new patents and products being developed each year.

Episode Highlights
0:00 - The Startup Defense Podcast, Episode 1 Introduction
Chad gives a glimpse into the topic of this episode and his innovative creation that is changing operating rooms to support safer, more efficient surgeries.

05:51-06:23 - Protecting Our Children Through the Use of a Neural Network
Chad discusses creating a neural network that he’s trained to detect handguns by being curious about how he could use that same technology that detects grenades to prevent school shootings and protect our children.
5:51 - “Back in 2014, my cousin's daughter was killed in the Newtown, Connecticut shooting. At the time, I was working for the Department of Defense, and we were detecting rocket propel grenades and trying to blow those out of the air before they hit the armored vehicle.”

11:10-12:06 - Using Innovation to Keep Soldiers Safe
While Chad’s small startup was working in the defense world, they explored an idea of what they thought could work to keep our soldiers safe using existing technology. 11:43 - “I spent 12 years innovating and reiterating on that original design. Making a package that could be taken to the field to protect soldiers from rockets that were coming straight at their cars.”

28:10-29:38 - Leveraging Insurance Companies as Partners in Innovation
Chad discusses his theory in which insurance companies are utilized as partners in innovation. Insurance companies have a strong incentive to de-risk situations, making them natural partners for innovation, as by identifying and mitigating risks, they can help to de-risk new products, services, and technologies.
28:10 - “They're strongly incentivized to de-risk situations, and by and large, they're left out of the innovation. Bringing insurance into the fold would really benefit innovation because insurance companies are the biggest funders of innovation when it happens.”

Chad Green - Lantern, LLC
www.lanternlabs.com
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Callye Keen - Kform
https://kform.com/
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